Strategies for Achieving Aggressive Growth in Financial Services
With EDS, Your Company Can:
- Accelerate your modernization efforts with fewer risks and greater options
- Achieve savings of between 30 and 50 percent by reducing applications development and maintenance costs
- Reinvest cost savings for other value-added projects
- Bring projects in on time and on budget through more effective project lifecycle management
Download the Financial Services Strategies in Growth industry business issue overview PDF, 1.1M
The financial services industry is committed to aggressive growth targets, but not all companies are positioned to get there. Companies with a dependence on rigid core legacy systems are at a significant competitive disadvantage when it comes to the flexibility needed to increase scale.
True growth companies are nimble – able to acquire and integrate companies and competitors without disrupting their business and affecting customers. Increased competitiveness, agility in the marketplace, top-line growth and sustained operational efficiency are the opportunities afforded by legacy modernization.
What characteristics enable a company to flourish in this highly competitive market? Scalable platforms and highly efficient operating processes give companies the backbone they need to integrate new operations, launch new products and acquire new customers. However, transformation is a long, multifaceted, business-changing event. With the assistance of EDS as a strategic partner, legacy modernization can happen faster, at a lower cost and with less risk.
How EDS Helps Clients
- EDS helps clients navigate the transformation with a business-driven diagnostic that documents the strategy and future vision, articulating the business case for change and providing a multiphase transition road map. Leveraging our world-class industry frameworks and expertise, EDS guides clients through the process of planning for the future. The controlled execution of the steps in the transition plan moves the organization toward agility.
- EDS uses our global centers of expertise, technology partners and fast-cycle approach to application development and reengineering. We accelerate the application modernization lifecycle using reusable, prebuilt components and development tools and frameworks.
- EDS also provides global outsourcing capabilities, which companies can use to maintain critical and noncritical legacy systems or to outsource nonstrategic industry business processes. This generates cost savings and frees up maintenance resources that can be invested in transformation projects.